Market Wrap: Bitcoin Heads for Best Week in 3 Months

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A strong week for $BTC has turned crypto markets incrementally bullish, though a hawkish Federal Reserve meeting next week could sour the mood. liqquidity, GWilliamsJr_CMT and _jocelynyang_ report

. The reason that matters is because it shows progress in the Fed’s campaign to tamp down the pace of price increases, in turn signaling that it might be able to let up sooner rather than later in tightening monetary policy – seen as a negative for prices of risky assets, from stocks to bitcoin.. Bitcoin’s 5.

6% gain since Sunday represents the biggest weekly gain in three months. But the crucial test will come next week when the Federal Reserve’s Federal Open Market Committee meets. Most traders expect the U.S. central bank to raise the main interest rate by 75 basis points , but the drama is likely to come from whatever Fed Chair Jerome Powell signals about the committee’s plans for its December meeting.

 

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Liqquidity GWilliamsJr_CMT _jocelynyang_ Any signal group

Liqquidity GWilliamsJr_CMT _jocelynyang_ It was really Elon Musk and dogecoin that turned markets green wasn't it....

Liqquidity GWilliamsJr_CMT _jocelynyang_ The Crypto will horns & balls is $Spunk Hope you got horns and balls. 🚀🚀🚀🚀🚀🚀🚀🚀

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